Will crypto ever be a currency
MUMBAI: The birth of cryptocurrency in 2008 was based on the thought that one day it could act as a common monetary system that would help replace the inefficiencies of the current centralised [...]
Why China is so interested in Central America?
For nearly 60 years, the preeminent Asian power in Central America was not the People’s Republic of China, but Taiwan. Yet in rapid succession starting in 2017, Panama, the Dominican Republic and [...]
The most relevant financial trends for the post COVID-19 future
From hyper-personalization to zero-trust networks to embedded innovation, here’s a look at what’s driving financial industry conversations and technology roadmaps. Financial services [...]
What the chip shortage means for the US economy
The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) [...]
Hilton CEO: Business travel is back to about 50% of pre-Covid levels, but some markets are stronger
Hilton CEO Christopher Nassetta told CNBC on Wednesday there are reasons to be optimistic about the recovery of corporate travel following a prolonged coronavirus-related slowdown. “This is as [...]
Service Industries in U.S. Expand at Fastest Pace on Record
U.S. service providers experienced the fastest growth on record in March as measures of business activity and orders advanced to new highs. The figures from the Institute for Supply Management on [...]
Investors haven’t fully grasped inflation is ‘dead ahead,’ economist Mark Zandi warns
Investors may want to hold on even tighter. Moody’s Analytics Mark Zandi believes Wall Street is significantly underestimating the seriousness of an inflation comeback, and he warns it will [...]
Is the lot of female executives improving?
WALL STREET’S glass ceiling cracked at last on March 1st, as Jane Fraser took charge of Citigroup, becoming the first woman to head a big American bank. That cracking sound has also been echoing [...]
Why the broad stock market isn’t in a bubble, says veteran investor
The rocketing in the price of bitcoin, volatility in meme stocks like GameStop and generally high valuations for stocks has led many investors to ask whether stocks are in a bubble. One veteran [...]
Small-Cap Stocks Could Keep on Rising. There’s a ‘Wall of Cash‘.
The short-squeeze frenzy that sent GameStop soaring may be winding down, but there is still a flood of cash looking for a home in the market, providing fuel for small-cap and cyclical stocks. [...]
